Current Affairs - Economy - Discussion

The Cabinet Committee on Economic Affairs cleared at an outlay of Rs.1,623 crore to get more disaster warning systems and desalination plants along Indian coasts. The system will be functioning under the programme called O-SMART (Ocean Services, Technology, Observations, Resources Modelling and Science). O-SMART is monitored by the Union earth sciences ministry. O-SMART provides economic benefits to a number of user communities in the coastal and ocean sectors, namely, fisheries, offshore industry, coastal States, defence, shipping, ports, etc.